Excell Academy for Higher Learning Inc

Analysis

Excell Academy for Higher Learning Inc is a registered charity in United States, based in Brooklyn Park, MN. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Excell Academy for Higher Learning Inc reported income of $10.0m and spending of $10.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $10.0m (+40%), an average of +8.8% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Excell Academy for Higher Learning Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Northland Christian Education System ($10.0m), Veritas Preparatory Academy ($10.0m) and Positive Coaching Alliance ($10.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $234k (2.3% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $4.4m against liabilities of $6.6m, net assets of -$2.2m. It reported 153 employees.